PETALING JAYA: Analysts are maintaining their “overweight” stance on the consumer sector as they believe current valuations have largely priced in near-term concern of rising costs, while underappreciating the sector’s defensive earnings characteristics.
TA Research in a report said that it expects domestic consumption in 2026 to remain broadly resilient, underpinned by a stable labour market, civil servant wage adjustments, and ongoing fiscal support measures, including targeted cash assistance and initiatives outlined under Budget 2026.
